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Pretoria-born Elon Musk
MarketsBusinessHot News

Pretoria-born Elon Musk regains world’s only trillionaire crown after $65 billion gain

Elon Musk has reclaimed his title as the world’s sole trillionaire after his net worth jumped $65 billion on Monday to hit $1.04 trillion.

Omokolade Ajayi Omokolade Ajayi
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BIG BOM
MarketsLatest

South African entrepreneur Hamint Daya wins court protection in BIG BOM trade dispute

South African entrepreneur Hamint Daya wins court protection for BIG BOM after a ruling halts rival POP GUM imports and sales over trademark claims.

Feyisayo Ajayi Feyisayo Ajayi
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MTN Scancom
MarketsLatest

MTN Ghana secures $202 million spectrum award to bolster 5G network

MTN Ghana secures $202 million in spectrum licences to expand 5G coverage, increase network capacity and strengthen broadband services nationwide.

Feyisayo Ajayi Feyisayo Ajayi
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South African billionaire Patrice Motsepe.
BillionairesHot NewsMarkets

Africa’s first Black billionaire Patrice Motsepe loses $400 million in mining rout

Patrice Motsepe’s net worth has fallen by $400 million to $3.3 billion as weaker mining stocks pressure his African Rainbow Minerals and Harmony Gold holdings.

Omokolade Ajayi Omokolade Ajayi
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Woolworths South Africa
BusinessMarkets

Woolworths to roll out new-generation stores across South Africa

Woolworths stores are set to expand across South Africa as the retailer invests in new formats, food outlets and personalised shopping.

Timilehin Adejumobi Timilehin Adejumobi
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Airtel Money IPO
MarketsHot News

IFC commits $90 million to Airtel Money IPO as African fintech targets London listing

IFC commits up to $90 million to Airtel Money’s proposed London IPO, backing Africa’s fintech expansion and financial inclusion ambitions worldwide.

Feyisayo Ajayi Feyisayo Ajayi
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South African executive Raisibe Morathi
ExecutivesHot NewsMarkets

Limpopo-born executive Raisibe Morathi’s Vodacom stake tops $5 million

Vodacom CFO Raisibe Morathi’s direct shareholding in the telecom giant tops $5.02 million following long-term executive incentive vestings.

Omokolade Ajayi Omokolade Ajayi
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Kenyan executive Sarit Raja Shah
ExecutivesHot NewsMarkets

Kenyan executive Sarit Raja Shah’s I&M Group stake hits $25 million as shares double

Sarit Raja Shah’s I&M Group stake reaches $25 million after the lender’s shares double on the Nairobi Securities Exchange.

Omokolade Ajayi Omokolade Ajayi
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ProNutro
MarketsHot News

PepsiCo discontinues South Africa’s 64-year-old ProNutro after backlash

PepsiCo has discontinued South Africa’s 64-year-old ProNutro after consumer backlash over changes to the cereal’s taste, texture and mixability.

Feyisayo Ajayi Feyisayo Ajayi
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